Are Synthetic Diamonds a Threat to the Natural Industry?

­

Are Synthetic Diamonds a Threat to the Natural Industry?

Last week, Israel Diamond Exchange unveiled a new slogan: “Natural is real.” The slogan is a clever play on the word Israel, and a less-clever poke in the eye to lab-grown diamond producers, who do, in fact, produce real diamonds. This comes on the heels of the bourse’s decision to ban synthetics from its trading floor. (Interestingly, the exchange first banned lab-grown gems 10 years ago. So it’s not clear if this is a re-ban or a clarification of the existing one.) These incidents make… …read more